The Rise of Decentralized Finance (DeFi) and Its Potential to Transform Traditional Finance
Introduction: What is Decentralized Finance (DeFi)? Decentralized finance (DeFi) refers to a new and rapidly growing sector of the cryptocurrency and blockchain industry that offers financial services without the need for centralized intermediaries, such as banks and traditional financial institutions. DeFi is built on public blockchain networks, such as Ethereum, and is powered by smart … Read more